Australia is banning credit card surcharges from October 1 as part of the change. Banks are set to revamp loyalty perks at that time. Credit card points and rewards will shrink from next month. The change impacts businesses across the country that charge extra for card payments. Businesses that add fees will need to adjust.
A pub owner is considering cash only prior to the ban. News reports note the change is just 19 days away at this point. The surcharge ban and the bank reward cuts will start together from early October under the same timeline.